Top News
DPWH undersecretary resigns amid contractor link allegations
Public Works Secretary Vince Dizon confirmed Friday the irrevocable resignation of undersecretary Arrey Perez following allegations linking him to contractors involved in flood control projects.
Court freezes bank, insurance assets linked to flood control project irregularities
The Court of Appeals (CA) has ordered the freezing of bank accounts and insurance policies held by individuals and corporations allegedly involved in anomalous flood control projects.
IMF sees persistent trade gap, slower output growth
The Philippines is expected to continue running a significant current account deficit this year, indicating persistent reliance on foreign capital to fund domestic spending, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
Recto vows accountability, reforms after infra projects scandal
Finance Secretary Ralph G. Recto assured the public that the government's response to the recent flood control controversy marks the beginning of a major cleanup aimed at strengthening institutions, improving governance, and accelerating economic growth.
DOE eyes 6 more petroleum deals
The Department of Energy (DOE) is reviewing at least six more potential petroleum service contracts (PSCs), signaling continued momentum in the country’s energy exploration efforts.
